The Top 5 Advancements in Technology Propelling the Solar Revolution Updated On Wed, Aug 7th, 2024 by Saurenergy The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
TPEML, Tata Renewable Tie Up For Boosting Solar Adoption Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed. Both the companies will promote EVs / EV […] Read more
Sunkind Energy Secures Solar Projects in Punjab, Maharashtra Updated On Tue, Aug 6th, 2024 by Saurenergy Gurugram-based solar EPC company Sunkind Energy has secured new solar power projects with a capacity of around 20 megawatts (MW). The contracts have been awarded by Nahar Group and Jindal Group, the company said in a statement on August 5, 2024. Sunkind stated that it will set up a capacity of 7.3 MW in Ludhiana, […] Read more
After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
UPNEDA Issues Tender For Solar Energy-Based Drinking Water Kiosks Updated On Tue, Aug 6th, 2024 by Saurenergy The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has issued a tender for the installation of 20 solar-powered kiosks. This tender covers the supply, erection, testing, and commissioning of solar-based drinking water kiosks across various solar cities in Uttar Pradesh. The contract includes comprehensive warranty maintenance for a period of 5 years. The […] Read more
Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
With A Focus On Gujarat, BHEL Executes 1155 MW Solar Projects Updated On Mon, Aug 5th, 2024 by Saurenergy Shripada Yesso Naik, Minister of State (MoS) for the Ministry of New and Renewable Energy (MNRE) said that BHEL (Bharat Heavy Electricals Limited) has executed solar energy projects of up to 1,155 MW. The minister shared the figures in his recent statements before the Lok Sabha. As per the information shared by the minister, the […] Read more